Do you keep telling yourself "one day i'll reach out for help" or "one day i'll try trading" STOP. Rather than saying one day, just start. Make today your first day and just start. You might surprise yourself!
Trading isn't for everyone, it can be stressful, you can have sleepless nights when you start out but all this is normal, you are risking money so of course you will panic to begin with but when you get past this phase and you realise the importance of risk management you start to trade without emotions and then that is where you will see your trading really kick off.
GBPCHF here, Reason behind my short trade, if you look back to previous days when price reaches this level we start to see reversals. Now i'm not hoping to hold this trade for a long time hence i have 'target 1' on my chart. This is the first point i will look at taking some of my profits and look to see how price reacts. If we see a clear strong bearish push down then i will take most of my position and hold only a small position with my stop losses in profit meaning i can let the trade run with no emotion attached to it as if it does go to my final TP then happy days. If it pulls back and hit's my trailing stop loss then guess what... i still make money because my stops are in profit anyway so it is a win win from that point on.
I'm only a message away if you are struggling with trading.
Trading isn't for everyone, it can be stressful, you can have sleepless nights when you start out but all this is normal, you are risking money so of course you will panic to begin with but when you get past this phase and you realise the importance of risk management you start to trade without emotions and then that is where you will see your trading really kick off.
GBPCHF here, Reason behind my short trade, if you look back to previous days when price reaches this level we start to see reversals. Now i'm not hoping to hold this trade for a long time hence i have 'target 1' on my chart. This is the first point i will look at taking some of my profits and look to see how price reacts. If we see a clear strong bearish push down then i will take most of my position and hold only a small position with my stop losses in profit meaning i can let the trade run with no emotion attached to it as if it does go to my final TP then happy days. If it pulls back and hit's my trailing stop loss then guess what... i still make money because my stops are in profit anyway so it is a win win from that point on.
I'm only a message away if you are struggling with trading.